Dahabshiil money transfer review & guide

Exchange rates, payment options, step-by-step guide, transfer fees, and all you need to know about .

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Trademark Disclaimer: Dahabshiil* with whom RemitBee Incorporated (“We,” “Us,” “Our”) has no direct or indirect association in marketing, sales or customer service. Indeed, the enclosed contents are provided only for information and comparison purposes. We further state that all third-party products, services, company names and logos remain the property of their respective holders. Use of them here in this article does not imply any affiliation with or endorsement by them.

Everything you need to know

Dahabshiil review

Dahabshiil, founded in 1970, is a leading African remittance company designed to help migrants send money to family and friends in East Africa. Over the years, it has grown to become the largest African money transfer service, operating across 60 countries. Dahabshiil remains committed to its core values of trust, reliability, integrity, and customer focus.

Payment Methods Available with Dahabshiil

Dahabshiil Send allows you to use the following cards:

  • Dahabshiil electronic wallet
  • Credit Cards
  • Debit Card
  • Bank Transfers on the app and website

    • How much can I transfer with Dahabshiil?

    Dahabshiil offers a variety of payment methods and competitive rates, it's important to be aware of its transfer limits.

    Transfer Limits Vary by Destination

    Dahabshiil's transfer limits depend on the destination country, payment method, and local regulations.

    Payment Method Impact

    Limits may be higher for mobile wallet and cash pick-up transfers compared to bank transfers.

    Additional Verification

    For larger transfers or specific countries, Dahabshiil may require extra documentation, which can affect transfer limits and processing times.

    How long does a transfer usually take with Dahabshiil?

    Dahabshiil transfer times vary depending on the payout method and destination. For bank transfers, it can take from instant to 3 business days. Mobile wallet and cash pick-up transfers are typically instant, often completed within 5 minutes. However, delays may occur based on the time of day, destination country, and additional verification requirements. While the service is generally fast, some transfers may still be delayed, especially if compliance checks are needed.
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    Pros and Cons of using Dahabshiil

    Pros
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    Offers affordable remittance options with low transaction fees and competitive exchange rates.

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    Supports mobile wallets, bank transfers, and cash pick-up for flexible transactions.

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    Instant transfers for mobile wallets and cash pick-ups, ensuring quick access to funds.

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    Uses advanced encryption and anti-money laundering systems for secure transactions.

    Cons

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    Some regions have fewer payment and payout options.

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    Bank transfers may take up to 3 business days.

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    Challenges with response times and support availability.

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    Additional documentation may be needed for certain transfers, causing delays.

    Dahashiil Transfer Fees

    Dahabshiil transfer fees vary depending on the destination, amount, and payment method used. For accurate fee estimates, you can use the fee calculator available on Dahabshiil's website. Additionally, new customers can take advantage of a special promo code, WELCOME, which offers no fees on their first transaction. This offer is valid only for first-time users of Dahabshiil’s services.

    How it works

    How does Dahabshiil make money?

    Dahabshiil is an African-based money transfer service that allows individuals to send money globally, particularly to East Africa. Users can create an account, specify the amount they wish to send, choose a recipient, and provide necessary details.

    Transfers can be made through various methods, including Dahabshiil’s electronic wallet, bank transfers, and credit/debit cards. However, while the service offers competitive rates and low fees, some users may experience delays when transferring to certain countries or with specific payment methods.

    Dahabshiil exchange rates

    Dahabshiil offers competitive exchange rates, especially compared to traditional banks, but rates can fluctuate depending on the currencies involved and the recipient country. While they strive to keep fees low, the exact exchange rate will only be provided at the time of the transfer, and this can sometimes lead to discrepancies. Rates may also vary based on local agreements with partners in certain countries, which can result in less favorable rates for some destinations ​
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    Best rates with RemitBee

    RemitBee makes sending money abroad simple, fast, and affordable. With transparent fees and no hidden charges, it offers competitive pricing for international transfers. You can choose from multiple payment methods and benefit from the mid-market exchange rate, which ensures you get the best value for your money.

    Transfers are secure, with top-level encryption protecting your data and funds. Whether you're sending money to family or handling business transactions, RemitBee ensures a smooth, reliable experience every time.

    Safety and security

    Is Dahabshiil money transfer secure?

    Dahabshiil places a strong emphasis on the security and safety of its international money transfer services by utilizing a combination of advanced technology, regulatory compliance, and industry best practices. Additionally, Dahabshiil is a member of reputable industry organizations like the International Association of Money Transfer Networks (IAMTN) and the UK and USA Money Transmitter Associations, reinforcing its commitment to following industry standards. For added peace of mind, Dahabshiil offers a money-back guarantee, ensuring that customers feel confident in their transactions.

    Security features

  • The platform employs SSL encryption, digital certificates, and two-factor authentication to ensure that sensitive information and transactions are secure.
  • Dahabshiil is fully compliant with federal and state regulations, including those focused on anti-money laundering and counter-terrorism finance, and is licensed by relevant authorities across various regions
  • In case of unauthorized access, Dahabshiil provides account recovery processes to lock your account and secure your funds.

    • With Dahabshiil you can send money from the following countries

    Dahabshiil allows you to send money to and from over 100 countries. Some of the countries where you can send money include:
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    Other Money Transfer Providers

    IRemit
    Remitly
    Asenso
    BMO
    Tangerine
    Currencyfair
    EQBank
    HSBC
    ICICI
    Instarem
    Moneymart
    Scotiabank
    CIBC
    RBC
    TD
    Moneygram
    Frequently asked questions

    Have questions? We have answers!

    What is Dahabshiil and how does it work?
    How long do Dahabshiil transfers take?
    What are the transfer fees with Dahabshiil?
    What are the limitations and verification requirements for Dahabshiil?